Here's the cause of the housing bubble and subsequent meltdown..

[tony]

One of the biggest so-called "socialists" presided over the greatest economic failure this country has ever seen and the country recovered under the policies he set forth.

Just because a policy benefits the good of the people and not corporate welfare and/or the wealthy doesn't automatically make it socialist. I think thats where a lot of this "socialist" finger pointing fails.

[BanginJimmy]

Just because a policy benefits the good of the people and not corporate welfare and/or the wealthy doesn't automatically make it socialist. I think thats where a lot of this "socialist" finger pointing fails.

If you are talking about CRA, that was a BS bill that allowed govt to intrude on private baking. There was no reason for the act and Clinton did make it worse.

The biggest problem in our country right now is democrat and republican. Both sides of the aisle are far too partisan and refuse to work with the other. There are a few that do work across the aise (Leiberman, McCain ect.), but they are in a vast minority.

That fact is one of the reasons I support McCain over Obama.